Moonlight Ballroom Blog

The current financial crisis has some people scared out of their minds. People are afraid that their money isn’t safe in their bank accounts anymore, and they’re withdrawing large sums and hiding it under their mattresses. Some think gold and silver are safer than dollars right now and are buying every coin and every bar they can afford. This has led to long waiting lines in front of ATMs and shops that sell gold and other precious metals basically closing up because they’re out of stock.While gold and silver are indeed a good idea, we need to remain as calm as possible and do what’s really best for our money. Investing 10% into gold and putting at least 6 months worth of cash into a savings account Tagesgeld Vergleich for the next 2-3 months is a pretty sound strategy. And then be prepared to re-invest into stocks. Because as dismal as things look right now, the markets will sooner or later regain momentum. And you don’t want to be sitting on all your money at lousy 3% when that happens.